ComEd has released new default supply pricing starting in June 2016. Pricing is substantially lower.
|Jan 2016 – June 2016||June 2016 – Sep 2016||Sep 2016 – May 2017|
|Commercial – Electric Space Heat||$0.06839||$0.05725||$0.06187|
* The above pricing is inclusive of electricity and transmission but does not include the purchased electricity adjustment factor which can range from -$.005 to +$.005.
Why have the ComEd prices gone down in 2016, and most supplier pricing has gone up?
The current make-up of the ComEd supply price is using capacity from recent years, which has been much lower ($59.37 MW/day) than the 2 previously purchased blocks of electricity which incorporated the higher capacity prices ($125.99 MW/day and $136.00 MW/day).
Suppliers purchase electricity for their customer based on future market conditions, and capacity sky rockets to $215.00 MW/day in 2018.
ComEd’s pricing reflects current market conditions, whereas supplier pricing incorporates future market conditions.
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